Number of stocks trading above 50 times and 100 times earnings are at record highs. When this happened in 2015 and 2016, the Sensex fell 22.6 per cent in a little over a year's time after peaking in January 2015, while it fell by 11.3 per cent in two months from its peak in September 2016.
'India easily remains one among the more attractive large economies, with high growth and stable/improving macros, as a top investment destination.' 'We are looking pretty good.'
Arundhati Bhattacharya talks about SBI's strategies, its aim to be among the top 30 banks globally, and stressed assets resolution.
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
'The big elephant in the room is our misguided view about the rupee.' 'India is scared that if our currency appreciates, who will buy from us. But a breakout is inevitable.'
'India is still a cash economy.' 'For a common household, almost everything from grocery to maid services is paid in cash.' 'The demonetised notes account for 85 per cent of the currency in circulation.' 'Until fresh notes flow back into the economy, day-to-day transactions ordinarily done in cash will be impacted.'
These are companies with a strong track record and good prospects on earnings.
Mark Mobius, executive chairman, Templeton Emerging Markets Group, is positive on India and believes the Indian economy is on a strong footing
'The focus is more on the outlook for global growth'.
One of the reasons behind the changing trend is that the applicants are spoiled for choice
Advitiya Sharma is fifth co-founder to leave the start-up now left with three more co-founders.
Start-ups, especially the e-commerce players, are either staying away from these campuses or recruiting in much smaller numbers than last year
So long as there are concerns about world trade, growth and oil prices, the domestic market will remain volatile.
Needless to say, coaching institutes are unhappy with suggestion.
Japanese telecom major would invest $50 mn in the start-up in 'December or latest by January'.
Indian oil and gas exploration companies work in silos.
Ten stocks that can reap you a fortune
Naveen Tewari loves cycling but over the past few years, he has been keeping his first love waiting.
VCs say soft skills is one aspect they look at before investing.
Refining major optimistic on planned investment of $16 bn for expansion and new technology to post healthy margins